Reply to "Stock 73 sold for $45,995"

quote:
Originally posted by PanteraDoug:
Isn't it strange how stupid people are with money?
Why would some one spend over $100,000 on a restoration knowing that the car was only worth $35000?

Because when they are all done the have a car exactly the way they wanted it. They know every nut and bolt in that car, the artistry is the work of their own hand, their own vision. When they take it to car shows and watch people oogle it, lust after it, they know they are being complimented on their abilities and vision. They do this with no intention of selling it. They think they will drive it until they die. But then the wife gets pissed that he is spending too much time with the car and his buddies. She thinks he must be having an affair if he is away so much, or the guy gets cancer and the doctor says he only has a couple good years left, and he starts thinking about the whole his death will leave behind for his family to deal with, or maybe he gets transfered, or loses his cushy job, or he is a surgeon and his alchoholism finally catches up to him. Anyway he winds up having to sell that which was a labor of love, and some dickhead says he will only give himm 10,000 dollars for it and he better take it because he will not get a batter offer, and some other guy offers him three chrysler minivans and a yamaha 650 for it, and yet another guy comes along and wants to test drive it alone for a couple days before he will consider buying it.
That is why someone would put 100K in a car that isn't going to resell for that much. At least it might be one reason.
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